{"id":"tp-2633","type":"article-newspaper","title":"PayFast to stop accepting Bitcoin as payment method due to high fees, slow process time","author":"Charissa Echavez","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/2633","datePublished":"2019-07-15T08:50:08.000Z","dateModified":"2019-07-15T08:50:08.000Z","language":"en","abstract":"PayFast, South Africa’s first-ever online payment gateway that accepts Bitcoin, has announced that it will drop Bitcoin support from its platform, citing issues like network congestion and high fees.","section":"Business","references":[{"title":"blog","url":"https://www.payfast.co.za/2019/07/12/ending-support-for-bitcoin/"},{"title":"regulatory","url":"http://tokenpost.com/South-African-government-sets-up-crypto-assets-regulatory-working-group-1010"}]}